Citi Maps Out European Strategy

DWT: What are you working on at the moment?

Jack Vensel, Citi: Our prime initiative is rolling out our dark liquidity pool, called Citi Match. We are seeing really good cross rates and excellent customer response.

DWT: Could you give us more details about Citi Match?

Vensel: Citigroup purchased Automated Trading Desk (ATD) about a year and a half ago, and the technology we had created at ATD gave the bank the technology to run this dark pool. It has been operational for about 18 months in the U.S

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